Art Cashin Net Worth, Relationships, Age/Birthdate & Birthday

A Wall Street Story Etched in Time: The Life of Art Cashin

The Young Man Who Walked Onto The Trading Floor

Art Cashin — full name Arthur D. Cashin Jr. — was born on March 7, 1941. Hailing from Jersey City, New Jersey, he came from modest beginnings and attended Xavier High School in New York City on a scholarship.

In 1959, shortly after graduating from high school — and following the recent death of his father — Cashin took a job on Wall Street. His youthful start was shaped by necessity and responsibility. 

Only five years later, in 1964, he achieved what many considered unthinkable: at just 23, he earned a seat at New York Stock Exchange (NYSE), becoming one of the youngest traders ever admitted. 

Climbing the Ranks: From Clerk to Market Legend

Cashin’s career trajectory was steep and determined. He began as an assistant clerk at Thomson McKinnon in 1959. By 1964 he was a partner at what was then P.R. Herzig & Co., taking his official place on the NYSE floor.

In 1980, he joined PaineWebber as an institutional floor broker — a pivotal move that would define the rest of his career.  When PaineWebber was merged into UBS Financial Services in 2000, Cashin became director of floor operations at the NYSE under UBS’s banner.

Over decades, he navigated some of Wall Street’s most turbulent chapters — from stock-market crashes to the dot-com bubble, financial crises, and tectonic shifts in trading technologies. What began as a job to support his family evolved into a legacy few can match.

Voice of the Floor: Commentary, Tradition, and Influence

Art Cashin’s renown went far beyond trades and tickers. He became a media fixture — frequently appearing on television, most notably on CNBC — to offer analysis, context, and floor-level insight.

He also authored a daily newsletter, Cashin's Comments, blending market commentary with historical references, quirky trivia, and even recipes. Over 100,000 readers reportedly followed his dispatches — a testament to the respect and trust he commanded in the financial community.

Cashin was more than a trader: he was a guardian of tradition. He took pride in preserving and leading floor rituals — from holiday gatherings to the annual Christmas Eve singing of “Wait ’Till the Sun Shines, Nellie,” a beloved NYSE tradition.

The Man Behind The Market: Philanthropy, Family, and Resilience

Despite his towering presence on Wall Street, Cashin never lost touch with his roots. In 1982, moved by a television broadcast showing homeless families unable to gather for a holiday meal, he helped found a holiday-dinner program — originally feeding about 400 families, but eventually reaching tens of thousands.

Later, after the tragic events of September 11, 2001, he played a key role in helping victims’ families through his leadership of the NYSE Fallen Heroes Fund.

On a personal level, reports indicate that his wife passed away in 1998 after a battle with cancer. Cashin’s life was one of loss, responsibility, resilience — and ultimately purpose.

Measuring Legacy: Net Worth, Influence and Memory

One often-cited estimate places Cashin’s net worth at US$10 million. While net worth numbers rarely capture the full scope of a life — especially one deeply embedded in a changing financial world — the dollar figure offers one lens through which to gauge his material success.

Yet, more significant than wealth is his influence: decades of guiding traders, shaping market commentary, preserving floor traditions, and mentoring new generations. In a sense, Cashin’s real capital was trust — trust built over years, across crises, and through persistent integrity on the trading floor.

Final Bell: Remembering a Legend

Arthur D. Cashin Jr. passed away on December 2, 2024. Tributes from peers and institutions poured in, honoring a life that straddled the gritty clamor of floor trading and the polished certainty of broadcast media.

His story — beginning in working-class New Jersey and ending as a revered “voice of the Street” — is a study in perseverance, adaptation, and humility. For many, Cashin wasn’t just a ticker-watcher; he was a bridge between eras. A voice of experience. And a reminder that behind every trade and headline, there are people, stories — and history.